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, of course, to the first two -- and then the revival of our cities with detroit as case study number one. we are very proud to be in detroit because we see it as a great city that has incredible potential that we would just love to help participate in that dialogue to help move that process forward a little faster. but what we really want to do is change the dialogue about how the world thinks about technology. because we really don't think it is understood or appreciated how rapidly the entire landscape is shifting because of tech. i mean, today apple's literally announcing the next iphone. that's cool, but that's just the most obvious example of things that continue to move at astonishing speed, and there's developments literally everywhere you look. and we don't think leaders generally get that. so i'm going to give you a couple of little, quick housekeeping things that we need to know. for one thing, there is an app, te space detroit, so look that up and download it, it has all the program. it'll be in realtime all day, please use the app, detroit labs made it, it's very good. te detroit
of america's biggest cities and it's about to come ashore. conditions are getting worse by the hour. at least 23 states are now under warnings or advisories because of the storm's winds. damage could hit $10 billion or even a lot more. some states could see their worst flooding in a century. and in the appalachian mountains, they're expecting blizzard conditions. i'm wolf blitzer. you're in "the situation room." >>> hurricane sandy is a monster storm, even though its center is still out to sea. tropical storm and hurricane force winds extend, get this now, for 1,000 miles. right now, damaging winds are blowing from southern new england across long island, new jersey, delaware and virginia. we have the full resources of cnn deployed on the story including crews up and down the atlantic coast as well as in cities that aren't used to this kind of a disaster. here's what the storm looked like this afternoon when the international space station flew over. you can clearly see the eye of the storm. right now, the center is closing in on southern new jersey. let's begin our coverage with our meteorol
jersey. bill weir in erie, pennsylvania. and cynthia mcfadden in new york city. this is a special edition of "nightline." "the perfect storm." october 29th, 2012. >> good evening, i'm cynthia mcfadden in new york. tonight, a deadly storm unlike any this city has seen before. for the first time since 9/11, all bridges and tunnels leading in and out of manhatt hathattan closed down. the city remains eerily dark and quiet tonight after a massive superstorm left half the city without power and partially under water. the historic storm continues to wreak havoc up and down the atlantic tee board from the carolinas to connecticut, claiming at least 13 lives and kaing blackouts and snow storms across the east coast and midwest. terry moran and bill weir will be joining us live from cape may, new jersey, and lake erie, pennsylvania. >>> first we turn to our colleague abc's juju chang who spent the day reporting in lower manhattan and comes to us now from the city's flooded streets. juju, what's the latest? >> reporter: i have to tell you new york felt like a city under siege. we literally had to w
. >> this morning, major east coast cities are literally shut down, and coastal communities have already been evacuated. it is monday, october 29th. >> announcer: from abc news, this is "world news now." >>> usually we say good morning. but it doesn't seem appropriate on this monday. all eyes on sandy, what's going to be a very tough probably 36 to 72 hours for millions of folks along the east coast. good morning, everybody. i'm rob nelson. >> and i'm paula faris. hurricane sandy is a 900-mile superstorm expected to make landfall in new jersey tonight. 900 miles. just think of a 900-mile-wide wing span. >> i know. from cloud to cloud. that's a massive storm. this morning, of course, complete coverage of hurricane sandy, the forecast, the storm's track and very important, tips to help you and your family stay safe. also, new york city, like several other cities up and down the east coast, is all but shut down. scenes we don't see here a lot. just subway stations empty. times square empty. everything just shut down. there is no mass transit, limited flights. people are urged simply to stay home
overnight. unprecedented walls of water destroy the coastline and slam new york city. so much of the skyline plunged into darkness. a record-breaking loss of power. floodwaters pour into tunnels. hospitals forced to evacuate. >> oh, my goodness. it is an infant. >> now, new dangers. >> never being force to leave, not by water. not by flood, not by sandy, but by fire. >> nine states under a state of emergency right now. all the latest on the catastrophic damage, dramatic rescues and where the storm is headed next. our extreme weather team, live, in the storm zone. "good morning america's" special coverage starts, right now. >>> and good morning to all our viewers in the west. we're coming to you live right now. and lure yooking at the scene overnight in parts of new york city. the fires rage. entire neighborhoods burned up. over 50 homes destroyed. we've got new information pouring in every minute. this storm has been deadly. taken at least 17 lives so far. >> and there are so many scenes of devastation at this hour. from sandy, as we come on the air on the west coast, the damage is still unf
previously served as citigroup of europe. the changes come one day after citi's earnings beat expectation in a conference call which, of course, jim said absolutely nothing about this. >> no. this was the first quarter that was the break out quarter for international. first time that i felt that the company had put a lot of its problems behind it. best knit interest margin. we only had a couple of banks report. people are trying to present this this was logical, this was in the works. this was the least logical, least in the works. corbat terrific. he ran holdings. 48 hours did we know this? i don't know. i got to tell you that the people that i talked to at citi, to say not in the works is being underplayed. >> there's shock at least among a handful of people who i talk to regularly at senior who are senior but no way aware of this. they are shocked. they heard it about an hour prior to the announcement being put out there. and, you know, it seems as though we don't know at this point, although we listen eed t andrew ross sorkin's report right now. there was some contention between board
have great balconies overlooking the city life of los angeles. >> the two junior suites are generous in size. they both have fireplaces. one has a beautiful view of the los angeles skyline, the other is a view over the pool. the first room to the right of the stairs is a wonderful room. it has a lot of natural light, has its own balcony, whicoverlooks the los angeles skyline. leaving that room, you go into another room whichas a lot of natural light. this bedroom is a wonderful room. the dove gray on the walls complement it, make it very warm and inviting. the stand-on balcony it has is really beautiful. >> the crown jewel of dawnridge estate is a spacious top floor master suite that manages to encompass an indoor/outdoor feel. >> the masr suite is a very large suite. it almost acts as a living room/bedroom, which flows into a spa-like bathroom. >> the master retreat is surrounded by floor-to-ceiling glass windows with panoramic city views surrounding the suite. you have three balconies. one is the back balcony which overlooks the pool and the front balconies overlook the los angeles
silence in times square with mass transit across new york city halted. ahead of the hurricane. not just mass transit, bus, light rail, amtrak on the east coast, airlines, the city is for all intents and purposes shut down. >> nothing, nothing going on. the scope of the storm is just incredible. forecasters expect high altitude wind to whip through every state east of the mississippi. and as people prepare now to go days without power, we'll have the best advice for coping with the storm and also, staying safe in the aftermath. >> weep were discussing that. that's the worst part. losing power. you want to take a shower. you want to eat. you want to get out of the house you can't. >> trapped. the worst part for so many. >> can't charge your iphone. >> what will you do? >> little break from sandy. we'll run down the best nfl action of the week. and see how we are doing with our picks and how you are doing with yours. a brief break from the storm coverage. >> speaking of sports. we know on the west coast you are loving life right now. congratulations to the san francisco giants. they won th
are under siege and getting pounds, new york city all but cut off, trains and bridges closed, while new yorkers deal with a badly damaged construction crane on top of the tallest building in the city. tonight, the city is under massive storm warnings, nbc news beg begins now. >> this is nbc nightly news. >>> good evening, this powerful october storm will go down as one of the most colossal weather events of its kind. ten states are are under a state of major, six million americans are affected. as we come on the air, if there is any good news, the storm has pushed quickly, landfall moved up, as predicted by hours, and hopefully that will mean less duration for those in the storm zone, because the storm has the power to alter the map of the jersey shore, for starters. sandy is so large, going across 15 states from flooding in massachusetts to rain reaching all the way from michigan. in new york, all eyes, as we said are on the drama of the massive construction crane, captured on video when it happened. getting blown over, now left swinging in the wind, on 57th street, picture this, the s
's a question, what's the advice for do detroit? overlap, overlay, not an ip instant city in china, right? there's no unified government, it's fragmented at the bureaucracy level, and there's this capacity issue, serious capacity issue within government. what's the advice? >> well, i don't suspect that a lot of the entrepreneurs in this room who are the talent pool for the next economy in detroit are thinking how do i get a job with the city. so -- >> no career advice. >> no, but i mean, seriously. the young talent pool, the 20-somethings and 30-somethings are not thinking about the public sector as a career path. so let's just be blunt and honest. the city is not going to be able to harness the talent that's there that will get the city to the next place. so invert the question. not how are we going to hire those people, but how are we going to bring them into the process sitting where they are in universities, in the private sector, in the ngos that are dynamic and interested in the city of the future, and the city has to invent the way to do that. collaborate, create communities of interest,
of the month when traders prays their portfolios. meantime, new york city mayor is set to hold a news conference on sandy 45 minutes from now. we will go to that conference once the mayor begins his remarks. we'll hear from a number of ceos about how sandy has impacted their businesses. the heads of hartford financial and landry is among the top executives who will be joining us over the last few hours. how equity index futures are trading. will cease trading in 15 minutes time. the dow and nasdaq pointing d n down. as for europe, the action dominated by deutsche bank and bp. we do see green arrows across the board with a 1% gain in germany. >> at least 16 deaths blamed on sandy as the storm continues to wreak havoc on the northeast with new york and new jersey dechaired major disasters. overnight more than 200 patients have been evacuated from two nyu langone hospitals after backup power failed. millions on the east coast awoke without power or mass transit. an estimated 7.8 million are believed to be without power and experts say it could be several days before it is restored. mass
land? slowly but surely limited subway service here tomorrow in new york city so people get an easier commute in, yourself included. cheryl: i can't wait. ashley: i am ashley webster. melissa: melissa frances back in business. stocks trading the first time this week at the northeast begins to pick up after hurricane saying the. ashley: we have you covered. nicole petallides is at the nyse and robert gray at the nasdaq and sandra smith at the cme. nicole: new york city commuters getting much-needed good news. limited commuter rail service starts at 2:00 p.m. today. subways north of 34street begin limited service tomorrow. ashley: the dow is in the red but damage from sandy isn't done yet. the focus turns to recovery, so does its ballooning price tag. the latest, $1 billion damage estimates and keeps going up. melissa: president obama said it for the floor before the election. chris christie be just the ticket to boost president obama in the polls, we will ask lou dobbs. ashley: let's get to nicole petallides on the floor of the nyse. she is back in action. nicole: we are back
. officials will provide county residents realtime updates through twitter. baltimore city emergency planners are going through a similar checklist. >> to see if there's gaps in coverage, to see if there's additional outreach that needs to be done. >> governor martin o'malley has signed an executive order declaring a state of emergency in maryland, providing the authority to do a number of things, including activating the national guard. >> we need to make sure our communication equipment is ready and it's wherever we need to be. we are the utility hitter for maryland and the citizens. >> b.g.e. crews are marshaling for action, as well. they spent the day preparing and stocking vehicles with power restoration materials such as poles, wires and storm kits. >> we want to safely and quickly restore power when and in it happens. >> you can track hurricane sandy's movements on our interactive radar. see how to prepare for power outages on our website, wbaltv.com. >> 5:07 and 59 degrees at b.w.i. will have much more coverage on hurricanes sandy coming up. >> with the worst weather expected on monda
from atlantic city. it's so difficult to get your mind wrapped around the potential for this storm, and we've been watching it for days and days and days. it's going to be an 80-mile-an-hour storm as it makes its way onshore. it won't move much for 48 hours. if it's raining, it will continue to rain. if it's snowing, it will continue to snow. if it's blowing, around it will everywhere, trees are going to continue to blow down. as the trees blow down, they're not going to be able to put line crews in the way 69 wind to put your lines back up. once your power is out, it's going to be out for a couple days no matter what. >> when it's done, it's done. chad, stick around. chad myers is going to help me out throughout the hour here. we're going to be here obviously until this is over. we may be on the air live here from this vantage point until midnight so chad myers, thank you very much. i want to tell our viewers, chad is not playing around. the officials who have come out not playing around with information. before we go to kill devil hills, i want to say the wires that are coming in
tonight. we begin our series of reports with chip reid who is in ocean city, maryland. chip? l, reporter: well, good evening, jeff. today the mayor of ocean city ordered an evacuation of the southern portion of this island. and most people there are listening. loading up and heading out. the center of hurricane sandy is still far out at sea. but her awesome power is already being felt here on this fragile barrier island on the maryland coast. thousands of vacationers and residents are fleeing. >> we're heading home. we're heading away from the hurricane. >> reporter: mayor rick meehan says last year ocean city got lucky, for the most part, dodging hurricane irene. >> do you expect that this time around? >> no, i don't. at this think we're probably already further along in this storm than we were with irene. the ocean is angry right now. and we're going to see a storm surge. >> reporter: a surge that could raise sea level up to eight feet above normal, enough to flood much of this city. police are urging but not forcing people in the evacuation zone to leave. most here are heeding their a
're coming behind them and it will push this issue to the front of the city agenda and county's agenda to move forward with the new stadium and hopefully keep the team here. >> most a's fans hopes the stadium is built in oakland, fans in san jose want to see the team move south. >> our hope is that we continue to light a candle in san jose to make sure they know that san jose is wanting them to come here. >> reporter: a's officials acknowledge securing a new stadium is high on the wish list but the team's priority at the moment is playing ball. >> obviously that's the end goal for the organization but our immediate goal is to try to win the division, play good baseball and see how far we can go in the playoffs. >> reporter: we are back here live in front of the 45-year-old coliseum where you can see fans are streaming in to watch the a's take on the rangers. of course the team hopes to get one step closer to winning a division title. the game starts at 7:00 and we are told tickets are still available. reporting live in oakland, i'm jodi hernandez, nbc bay area news. >> okay. thank you,
some place near atlantic city. there are some bad pictures to see with this storm. the effects have already been devastating. look at this house in rodanthe, north carolina, parts are breaking off and falling into the ocean. north carolina saw more than six inches of rain in the past 24 hours. sandy's winds could be up to 90 miles an hour this afternoon. 24-foot waves off the southern coast of new jersey and 30-foot waves off the carolina coast. the "h.m.s. bounty" was stranded and taking on water. 14 people were rescued from lifeboats and plucked way by jayhawk helicopters. two people are still messing. all of this power and damage, and sandy is still well offshore. what makes sandy special? this time of year, most storms and hurricanes move east out to sea. sandy is moving north and will turn west. the storm is monster sized. clouds stretching over 2,000 miles. tropical storm-force winds more than 1,000 mile. as sandy makes its way up the eastern seaboard, it's colliding with an arctic cold front from the west. sandy is a superstorm. >> this storm is going to be destructive, histo
to be on the southwest side of the storm. here's atlantic city. here's the ey coming onshower right now. atlantic city, probably seeing the strongest winds they have seen in years. maybe even decades right now. potentially 90, 100-mile-an-hour winds with this storm. you can see the outer eye wall which is right here through cape may county, new jersey, along the delaware bay. we're watching this rig around rehoboth beach. they're probably seeing very strong winds out of the northwest right now. once again, they could easily being seeing 60, 70, 80, 90-mile-an-hour winds even towards rehoboth beach. we are just getting started. i think with some of the strongest winds in our area. you can see how theaves have been coming on. these are the bands that you'll continue to see. you'll look outside and say, it's not raining too hard. five minutes later here comes a band bringing heavy rainfall, and it will bring you very heavy wind as well. the winds will continue to gust throughout the afternoon. and they're gusting now over tropical storm force. and they have been for the last couple of hours. let's take a
generator moving on power. not every bank has every office open today. tough to get around the city right now. >> tough to get around the city. tough to get employees for many of these banks to where they need to be. a number of them -- many of them are working remotely. as you say, everybody is trying to be fully open for business. i have made a handful of calls this morning. it has been a mixed bag in terms of getting people out to offices given there is no mass transit in new york city which is really -- the fact that subways don't work is a stunning thing in this city. it's hard to make new york work without the subways. >> it's not even if people are in their offices. phone service is patchy when it comes to land lines and cell phones and there are some entire buildings, citigroup has a building at 111 wall, 1,800 employees there, they can't get into that building for weeks. >> look at this. this is context in which we're operating. this is cover of "the washington post." this is new york's katrina. obviously the death toll compared to that storm nowhere near approaching it but still
amy robach here. amy, hardly anyone out there. this city has braced for the storm. >> that's right. the storm has strengthened to 80 miles per hour overnight. look at all th from the angry ocean. there's abc's matt gutman, he's been wading through it day and night. >> and hurricane sandy is such an unusual storm. a once in a generation event. sam is leading our team coverage from lower manhattan. and, sam, what exactly makes sandy so different and so powerful? >> oh, george, there's a huge list about this storm. but first, let's start with the size of this thing. we're going to show you the 3-d satellite. you're going to see the clouds that stretch from well, really, bermuda all the way up the coastline to hudson bay and canada and beyond the arctic circle. with the 3-d view, you can actually see there's been a little center. we've seen some eye in the storm and then it starts to go away. some people are surprised the storm going north gained a little strength overnight. and it did that because it moved into the warmer waters of the gulf stream. it runs off the eastern seaboard and
a high wind warning. and a hurricane warning for -- hurricane wind warnings from delaware and ocean city and rehoboth. take a look at some of the rainfall amounts we've gotten already. upwards two and three inches of rain. annapolis, over three. baltimore, over three inches of rain. close to four in pax river. those inland locations, same story. picking up the high rainfall totals. this system, again, so large, affecting a lot of people. not just at the coast, but well inland. we're going to see this through the overnight period. as we get into the western locations of west virginia, where snowshoe already had six inches of snow. they're expecting about two to three feet of snowfall by the time they get to wednesday late. so flood warnings remain up through tomorrow. with five to ten inches of rain in the forecast. through loudoun county and sharpsburg, and little falls will have high water rising several feet above average, as we move through the rest of today and tomorrow. again, all with sandy making its way ashore in the next couple of minutes, we think, around cape may, southern are
it was about 205 miles southeast of atlantic city, new jersey. massive storm could affect 60 million people. we are talking from virginia to massachusetts. forkers to expect sandy to combine and cause a cold front that will cause massive power outages, and snowstorms and flooding. mountain areas of the state could get two feet of snow, so already starting to fall, and fema, federal emergency management agency, says the storm damage from wind alone could reach $3 billion. we're also going to be hearing from the president about 45 minutes or so from the white house. he is going to be making a statement, updating the conditions of what the federal government is doing to tackle this horrific storm. forecasters expect that sandy will make landfall as early as tonight. the eye of the storm appears headed for jersey shore. the delmarva peninsula. it's an area that includes delaware, parts of maryland and urban search and rescue teams already standing by in maryland, waiting for deployment orders from fema. coastal maryland getting ready, already pounded by a strong waves, high surf. martin o'malley is
that next step. i know my teammates will be ready. and the city will, too. >> he's a remarkable guy. he can force a pitch, thrown a lot of pitches, and he did that. that's the way that game should end. jayson werth hitting a home run. he hasn't hit that many this year. but, what was it, 13, 14 pitches at-bat. that was great effort on his part. >> reporter: unbelievable the word that many players used in the locker room last night to describe that at-bat. the pitcher said, you know what, he just beat me. he's a good baseball player. i challenged him with my 96-mile-an-hour heater and he just beat me. hopefully the nats can do more beating tonight as they take on the cardinals. gio gonzalez on the mound. a lot more coming up from the park in just a bit. guys? >> see you soon, dan. >>> it would be very hard to top the excitement of last night's victory. at least fans didn't have to oo. today was the start at 8:30. pat collins begins our team coverage. >> reporter: hi, doreen. baseball's all a history. and fans are hoping that the history they witnessed yesterday will repeat itself tonight. she
park city. thanks. we're displaced and what we're seeing in scott's shot is a big reason for it. >> it makes a lot of sense for everyone to clear out because -- don't need me to tell you which way the wind blows but it's clear that it makes sense to close. i remember in 1985. i had gone to goldman that morning. young guy working at goldman. we thought the stock market was going to open. looked like it would open. there was trading and next thing you know i was playing cards. >> the question is if you were just to close the physical trading floor but keep electronic trading open, how robust would volumes be and how wimpy would markets be and disservice to investors if you maintain that market open. >> there's a big emphasis on market stability right now and of course on liquidity and volatility as well. there was a real issue out there that with not much participants in the market with main trading floor closed, people having trouble getting in and then people having trouble getting out, what's the risk/reward ratio and risk got higher as people were unable to get in. let's bring
cities is to bring opportunities in the inner cities. it's to help people with poverty in the inner cities. to help teach people good discipline, good character. that is civil society. that's what charities and civic groups and churches do, to help one another. make sure they can realize the value of one another? >> and do that by cutting taxes? with a big tax cut? >> those are yours, not mine. >> thank you very much, sir. >> yeah. that was kind of strange. >> reporter: the obama campaign, seeks to mock mitt romney's commitment to eliminate public television. the ad says, quote, mitt romney taking on our enemies, no matter where they nest. george? >> we've not seen the end of that. jake, thank you very much. the v.p. candidates joe biden and paul ryan go at it this thursday, at 9:00 eastern, 6:00 pacific. >>> let's go to josh and the other top stories. >> good morning, all of you. we're going to begin with new information on the growing meningitis outbreak. this morning, the cdc now confirms eight deaths out of 105 cases, those cases spread across the nine states that you see highli
growth. >> so is this going to be the theme when we get a new batch of earnings next week? we have city reporting on monday, then bank of america on tuesday, also goldman saks and more gag stanley reporting on the investment banking side. what do you think we're going to hear from those companies? >> okay, so it's the inand yang of banking in the world of quantitative easing. on the one side this interest-rate environment is tough. the spread between deposits and loans narrowing. on the other hand there's pret good activity, housing is picking up, credit is getting better. as we look at the bank earnings we have to differentiate who is hit by that net interest margin issue and who can benefit on the other side. we look at citi and think they can report a good monday on positive-- monday so that could be positive. on the other hand bank of america facing pressures from the deposit versus lending squeeze. >> you told me citi was your top recommendation right now. tell us why? >> well, we look at citi and it's a bank that has not performed as well as some of those other tough ones like ban
atlantic city, toward philadelphia, atlantic city coming in with winds of 70 to 75 miles per hour. this is the eye wall, right in through portions of cape may county, new jersey. this is cape may county. this is where wildwood is, rehoboth beach right here starting to see some of the outer bands making their way through, too. we'll start to see some of these bands, this one right in here, a strong band coming across the chesapeake bay. the winds are picking up very quickly. they will stay up all night long. we're seeing numerous trees down across the region. we're looking at a lot of power outages out there. you can just see the rain continuing from the east. so right now, along 270, rockville and gaithersburg and sterling, the heavier rain right now. fredericksburg, leonardtown, also seeing that heavy rain. everywhere along the chesapeake seeing that rain. to the west, it's not rain, winchester seeing the rain, but it is snow. back towards petersburg, west virginia, around luray, around the shenandoah valley, we are seeing snow, especially at elevation. there are blizzard warning
companies that will report the rest of the week. >>> citi comfortably beating estimates on the top and bottom line. shares now up $1.60, at $36.35. the stock is up more than 35%, 38% so far this year. kayla tausche listening in on citi's confroeerence call. what did mr. pandit say? >> not all that much but expressing concern over the u.s. fiscal cliff. similarly the cfo responded to claims of a house recovery saying that the economy must lead housing, not housing leading the economy. while the macro environment for banks remains weak, investors are looking at each bank on a case by case basis and they're actually saying that citi's case is improving. excluding items, citi's earnings per share beat analyst estimates by 10 cents matching 11% deposit growth and slower loan growth but big gains in securities and banking. citi one of the only banks so far to show net interest margins improving instead of deteriorating amid that lower interest rate environment. cfo saying the nim should stay at these levels for q4 as well. if earnings stay this good, citi executives said on the call that
be anywhere from near ocean city all of the way up to long island. this is the zone where it would be likely coming in and it does look like the position that 2:00 p.m. on monday is still going to be off the coast but does look like it could be coming inland, anywhere from ocean city to long island. that would be perhaps around sunset on monday, into monday evening. strongest winds for us happening around dawn on tuesday. right now, some of that heavy rain is falling, delaware and all these areas east of the bay and just to the east of the northern neck, creeping close to washington. we have a high wind warning for noon monday to 8:00 p.m. tuesday, gusts to 60 throughout this entire region. details on the forecast coming right up. richard and angie. >> tom, thank you. >>> several states of emergency are in effect along the mid-atlantic and the northeast coast. the governor of delaware ordered mandatory evacuations along some coastal areas. >> sandy is threatening to spoil the fun for people in rehoboth beach. >> we want to bring you the latest information. what we know from emergency officia
went to the citi private pass page and decided to be...not boring. that's how i met marilyn... giada... really good. yes! [ jack ] ...and alicia. ♪ this girl is on fire [ male announcer ] use any citi card to get the benefits of private pass. more concerts, more events, more experiences. [ jack ] hey, who's boring now? [ male announcer ] get more access with the citi card. [ crowd cheering, mouse clicks ] [ male announcer ] get more access with the citi card. why let constipation stry miralax.? mirlax worksdifferently than other laxatives. it dws water into your colon to unblock your system naturally. don't wait to fe great. miralax. >>. >>> when 9/11 happened in new york city they waived the stafford action. we can't expect new york city to rebuild on its own. forget that dollar you got to put in. that was the right thing to do. when hurricane andrew struck in florida, people said look at this devastation. we don't expect you to come up with almighty hand, here is the money to rebuild. you are part of the american family. what is happening now in new orleans? where is your dollar?
. >> on earnings and revenues sending citi shares higher. u.s. mortgage business and lending mexico helped boost results. >> microsoft's back in the music business unveiling a service that could compete with the likes of pandora and itunes. we have an exclusive with the head of their interactive entertainment straight ahead. softbank to buy 70% of sprint for $20 billion marking the largest ever foreign acquisition by a japanese company bringing together the third biggest mobile carriers of japan and the united states. it was said, i'm a man and every man wants to be number one, not number two or number three. masayoshi son. >> audacious two. one assumes he is rational as well. usually only rational people have that access to -- >> godzilla-like approach and looked like mothra. >> you know, it is a large deal. no way around that and, of course, somewhat complex try to break it down for you if you're a sprint shareholder you'll have the opportunity to ee will exto get either 730 in cash and/or own 30% of newco, new sprint and it will probably end up splitting 55/45. for 55% of your holdings so 730
stock market gets back to business in a sign of normalcy in new york city. but there are new problems created by super storm sandy. good afternoon. >> first up today, gray skies over the eastern seaboard gave ato sunshine today, but the dark mood over parts of new york and new jersey persists. the death toll up to at least 50. more than 6 million homes, including 4 million in new york and new jersey, remain without power at this hour. president obama got a firsthand look at the damage today. >> the stock exchange running on generator power came back to life. the mayor gave a thumbs up and rang the opening bell to the sound of cheers. >> and more troubles. this is the scene in the coastal community of seaside heights, new jersey, where hundreds of homes were knocked off their foundations. >> and this is the scene near bayhead, new jersey, a community under water there and cut off as the atlantic ocean merged with another waterway. homes, once million-dollar homes, now worthless. we get the latest from new jersey and jay gray. >> reporter: good evening. this is the kind of deva
't one of our young tech pros to check it out. >> hey, everyone, it's tina. i'm here in new york city at microsoft's big windows 8 launch event. this is brand-new operating system. we're going to take a look at it right now. with windows 8 the start button used to be in the lower left-hand corner is gone. and what you have instead is a start screen with all of the programs and apps you are used to in one place. >> windows 8 is brand-new operating system. people who have used windows before are going to have off to get used to a lot of new things. that can be a little jarring. after you play around, you get the hang of touch screen features about way to use the keyboard with the operating system. >> one of the main features is the charm bar on the right side. swipe right. you will see main controls there. you have search, share, your start button, devices, and your main computer settings. >> on the left side you can swipe to bring back all of the previous apps that you were using. a quick swipe out and back in. it will bring up a list of the most recently used apps, jump from here from
to entertain you, fwou educate y-- but to educate you, so call me. new york city mayor mike bloomberg ran that sweet chime this morning, the opening bell to the new york stock exchange and suddenly wall street was back in business. and even though not all the markets implied -- nasdaq down. you could feel the blood flowing through the veins of the stock market after two days where its heart was stilled. it wasn't just wall street that opened for business today, though. the main street that runs clear across this country may now be open for a new kind of business. one that's pretty darned moribund for years. the business of construction. yes, mother nature dealt a vicious blow and our hearts to go out to families who lost loved ones. but in spite of the tragedy, in our own curious way, sandy has given us the opportunity for a boost since the government rebuilt southern florida after hurricane andrew in 1992. a reconstruction so huge, it moved the country's entire gdp needle just when we needed it, after right a nasty recession. and now that we've assessed the damage, or we're trying to at
60 miles an hour. 89 in los angeles. 94 degrees in phoenix and 72 in salt lake city. but in terms of your travel weather, it will be dicey in parts of the big sky country. and going left-handed, what you can expect in terms of your air travel, possible delays in chicago and seattle, but no delays at the hubs in l.a., atlanta or even d.c. there you go, you're up to speed both hands. >> way to fgo, reynolds. >> like fifphil connors from grd hog day. coming up, the most accuracy analysis and analysts on wall street, institutional investors unveils its rankings of the best of the best next. and don't forget, the boss today. it's national boss day observed every year on october 16th. the time when workers show extra appreciation to their employers. observance kacreated back in 19 to kiss up to bosses back then for better relations between bosses and their employees. and i decided since all the immediate bosses, all they're doing is kissing up to the next boss basically from what i've seen, i'm going to go right to the top boss. >> oh, no, my friend, you are the caboose. start kissing.
is scheduling to arrive in atlantic city to survey the damage alongside governor chris christie. this morning the associated press reports the storm killed at least 50 people. there are more than 8.2 million households still without power across 17 states. and many of the outages could last beyond election day. between damage to property and the economy, the total impact expected to reach a staggering $50 billion. the damage is perhaps nowhere worse than the coastline of new jersey where sandy came ashore laying waste to an amusement park and historic boardwalk at seaside heights. as for the airports, jfk, newark, they're expected to resume limited service this morning. the same cannot be said for laguardia. jetblue posted these photos of the runways submerged. more than 18,000 flights have already been canceled as a result of sandy. and police had to take to the air to save victims from rooftops in staten island after floodwaters surrounded their homes. they were loaded one by one into baskets before being hoisted to safety. now let's go to breezy point. a neighborhood of queens which looks
if anyone was hit. more details on this story will come as soon as we get them. >>> up in new york city, an awful story. a nanny suspected of killing two young children left in her care. police say the children's mother went home last night and found her 6-year-old daughter and her 2-year-old son stabbed to death in a bathtub. their 50-yr-old nanny was suffering from what appeared to be self-inflicted knife wounds. the nanny is still in a hospital tonight. a third child who was with the mother at the time was not injured. the child's father is an executive at cnbc, which is owned by our parent company, nbc. >>> senate majority leader harry reid is in a las vegas emergency room tonight after a crash involving his caravan on interstate 15. police told a newspaper that senator reid had, quote, minor rib injuries. he was the only one taken tohe hospital in the six-car pileup. it's not clear where senator reid was headed, but first lady michelle obama is scheduled to speak in las vegas tonight. >>> former senator george mcgovern will be buried privately in washington. today his family and fr
items, item 17, existing litigation lennon versus city and county of san francisco. item 18, existing litigation cadmin versus city and county of san francisco. item 19, existing claim, chung versus city and county of san francisco. and item 20, existing litigation city and county of san francisco versus pacific run and gun club. >> let the record show that the private session [inaudible]. >> i would like to make a motion not to disclose -- [inaudible]. >> [inaudible]. >> aye. >> [inaudible]. [adjourned] >> commissioner katz is probably on her way so we're going to start. >> i move we reconvene in open session. >> second. >> open session. >> also, [inaudible]. also we cannot disclose anything discussed in executive session. >> second. >> okay. please be advised that ringing of any cell phones, pagers or similar electronic devices are prohibited at this meeting. please be advised the chair may order the removal from the room of any person responsible for the ring big of or use of a cell phone, pager, or other similar sound producing electronic device. please be advised that a member of
question, how do you bring opportunity to the inner cities if crime is a problem if you're going to make all those budget cuts, he decided he didn't want to answer those questions and stormed off the interview. he's not one for details. it's the only way he can hold on to some credibility, is to not say much of anything. >> i want to look at my new favorite thing which is this gawker poster of mitt romney debating mitt romney. >> it's a lengthy description, but number one, preexisting conditions are covered under my plan. >> suppose they were never insured. >> if they're 45 years old and they say i want insurance because i've got heart disease. you can't play the game like that. you've got to get insurance when you're will and if you get ill then you're going to be covered. >> joy, you have trouble keeping a straight face on this. >> it was great. >> we don't play the game that way on preexisting conditions. >> we did for an hour and a half last week. >> you just don't sit in your apartment and die on the upside according to mitt romney. with paul ryan, the more he has to answer question
. but some longtime residents are more concerned that the city is not prepared for the play-off crowds. d.c. transportation officials and the police say they will spread out extra staff as far as a mile from the ballpark in order to keep traffic moving. >> we're going to do the bes we can to manage the crowds. not just cars, but pedestrians. everyone tends to all go at one time. >> there are still things to be worked out but we're hopeful over the next few weeks won't be a nightmare for residents. >> the first play-off game is next wednesday. >>> enjoy this mild weather while you can. we've got changes moving in just in time for the weekend. veronica johnson has a look at the conditions out there right now. hey, v.j. >> hey there, doreen and jim. yeah, we're going to move through several seasons over the next couple of days, believe it or not. so, yeah, a lot of folks enjoying today. absolutely gorgeous conditions now that we've got the front out of here. the fog from this morning, too, again, and that cloud cover. temperatures still hanging out in the 70s, from 75 in gaithersburg, to 79
. >> reporter: some things are new this year. . in addition to new trucks, the city also has new plows for the trucks. these are a mixture of rubber and ceramic. they're supposed to be quieter on the city streets. they're also supposed to push more snow out of the way. the new snow trucks have also gone high-tech, able to tell which sections of the city have been treated. whatever helps to keep things moving when the cold sets in. >> hopefully they're more prepared than they usually are. like here, when we have a couple of inches of snow, the schools are closed. yeah, i mean, that makes it a little bit better. >> reporter: now, jim and doreen, the city's also debating whether or not to buy salt that heats up when it hits the ground. reporting live in northwest, adam tuss, news4. >>> no threats of any snow out there today. it was really very please act. doug kammerer here to tell us how long this might last. >> we were on the warm side of the frontal boundary. the front coming through right now. a few showers, even a few thunderstorms. right now you can see where they are, making their
together why a nanny killed two young children in new york city. they say the children's mother came home with her third child from a swim class around 5:30 last night. she found her 6-year-old daughter and 2-year-old son stabbed to death in the bathtub. officers say their 50-year-old nanny was lying nearby, she had self-inflicted wounds to her throat and a kitchen knife nearby. the children's father is an executive at cnbc. we'll have much more on this family tragedy coming up at 4:30. >>> for the latest in the presidential race today, where the focus is ohio and the economy. new numbers out today show improvement in economic growth. but mitt romney and president obama argued over whether the glass is half full or half empty. steve handelsman joins us live from capitol hill with the latest. steve? >> reporter: pat, thanks, good evening. a reminder, no republican has ever won the white house without winning ohio. and this year's nominees campaigning like he thinks that's still the rule. mitt romney took a break from his ohio marathon and went to iowa. >> we're going to create 12 million n
. >> sorry. >> go ahead. >> that was pointed out by the citi note that underwriters are much tighter these days. so the risk is we have all the starts and the home builders are doing well but they will reach the point where the buyers can't get the credit they need and demand is gone. >> that's why when the toll brothers made it, they were in the process. it is one of those things, why aren't more people using the money and bernanke -- go buy a house, chairman. chairman bernanke, go buy an apartment for rental. what you'll see is unless you pay in cash or cut out the banks entirely and that hurts the rate of return, unless you're paying crash you'll tie yourself up for a really long time. evil gains are feeding into things. i do need to modulate here in the risk of the parts of corporations and the banks doing a 180. this is trauma from the financial corporation, which is okay. you want them to have some memory of it. >> i'm not a libertarian, okay? i believe in the law. i am not someone who says, we have to slash the regulations. i'm just saying, you know, the impotence is to not --
gathering around the city of benghazi in libya, they were worried if an american face was on that operation, if it was too much seen as america leading another war in the middle east, that they might not pass that resolution in the united nations security council. and so the idea was they needed to put some of the arab and other countries out in front and that the obama administration needed to lead from behind in passing that united nations resolution. so that was the context. i always thought, frankly, it was simply a matter of strategy, the phrase to me was always a little bit more machiavellian rather than announcing that they weren't going to take a leadership role in the world. of course, politically it's not something you would necessarily brand your foreign policy with. and republicans have really seized on it almost immediately and every republican has used it to slam obama ever since. but i hasten to add the specific context is very different than what most republicans describe. >> the article was an excellent article. i remember it well. you and i were on that same trip to north
city the mayor says it could be several days before the subway is running again. all 10 of the city's tunnels that carry passengers under the east river were flooded by the storm. but there are some small signs of recovery. the new york city marathon will go on as planned this sunday and the new york stock exchange will open today. >>> as officials begin to assess the economic impact made by sandy, it's estimated that she will end up costing about $20 billion in damage and $30 billion in lost business. >>> president barack obama is skipping battleground states to visit victims in new jersey. the republican governor often criticizes the president but has praised his handling of sandy's aftermath. meanwhile, mitt romney will be back on the campaign trail today with stops in florida. yesterday he scheduled all events due to accept and instead, collected food and donations for storm relief in kettering, ohio. . >>> and the governor of maryland will get a first hand look at the devastation along the coast later today's. the pier in ocean city was destroyed by superstorm sandy. governor m
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